Lawrence E and Nancy S Glick Foundation

Analysis

Lawrence E and Nancy S Glick Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lawrence E and Nancy S Glick Foundation reported income of $53k and spending of $169k, spending 316% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $153k to $53k (-65%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 255% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lawrence E and Nancy S Glick Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Sertoma Inc ($53k), Lincoln County Band Boosters ($53k) and Harford County Association of Realtors Charitable and Educationa ($53k).

At year end it held assets of $2.3m against liabilities of $655k, net assets of $1.6m.